READYTECH HOLDINGS LIMITED — Capital/Financing Update 2021

Mar 23, 2021

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ReadyTech Holdings Limited ABN 25 632 137 216

24 March 2021

Share Purchase Plan – Cleansing Notice

On 6 November 2020, ReadyTech Holdings Limited ( ReadyTech ) (ASX Code: RDY) announced its intention to conduct a Share Purchase Plan to raise up to $4 million, pursuant to which each eligible shareholder would have the opportunity to acquire up to AU$10,000 worth of fully paid ordinary shares in ReadyTech.

The Share Purchase Plan opens on 25 March 2021 ( SPP Offer ) and will be made in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( Instrument ). In particular, it is a requirement of the Instrument that a company give ASX this notice within the 24 hour period prior to making the SPP Offer.

In accordance with the Instrument, ReadyTech gives notice that:

• (a) ReadyTech will make offers to issue ordinary shares under the SPP Offer without disclosure to eligible shareholders under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act );

• (b) this notice is being given in accordance with the Instrument;

• (c) as at the date of this notice, ReadyTech has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to ReadyTech; and

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no information of the type referred to in sections 708A(7) and 708A(8) of the Act as if the notice were a notice under paragraph 708A(5)(e) of the Act.

This announcement has been authorised for release to ASX by the ReadyTech Board of Directors.

For more information please contact:

Nimesh Shah Ronn Bechler Chief Financial Officer Market Eye E: Nimesh.shah@readytech.io E: ronn.bechler@marketeye.com.au P: + 61 437 980 296 P: +61 400 009 774

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